NOT LISTED FOR SALE

2130 2134 Griffith Park Blvd Silver Lake (L), CA 90039

Estimated Value: $1,233,000 - $2,551,000

4 Beds
4 Baths
2,604 Sq Ft
$750/Sq Ft Est. Value

Last Sold September 11, 2018

Last sale price $2,100,000 $806 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $12,959/month

218 Days on Market

About This Home

As of September 2018

Griffith Park Apartments is a 4-unit 2,604 sq. ft. property in the gentrifying city of Silver Lake, CA. The property was built in 1941 and 1954 and offers an excellent unit mix of one-bedroom, one-bath units with hardwood floors, kitchens with breakfast nooks, front and back doors, and private yards/patios. The Property also has a potential rental upside of 20+%. It is very close to great restaurants, theater, shopping, parks and much much more.

Last Agent to Sell the Property

Warren Berzack

Warren Lee Berzack License #01329015 Listed on: 01/11/2018

Warren Lee Berzack

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,012

Year Built

  • Built in 1941

Lot Details

  • 5,821 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • 2,604 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1

Community Details

Overview

  • 4 Units
  • Foothills
  • Mountainous Community

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $600
  • Insurance Expense $1,000
  • Maintenance Expense $6,651
  • Pest Control $600
  • Trash Expense $1,200
  • Water Sewer Expense $1,680
  • New Taxes Expense $30,000
  • Operating Expense $43,802
  • Gross Income $130,023
  • Net Operating Income $85,230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,012

Year Built

Built in 1941

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1680.00
  • Property Type: Residential Income
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 806.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Pest Control Expense: 600.00
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Foothills, Mountainous, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 5821.00

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 600.00
  • Garage Income: 3000.00
  • Gross Income: 130023.00
  • Gross Scheduled Income: 133023.00
  • Insurance Expense: 1000.00
  • Maintenance Expense: 6651.00
  • Net Operating Income: 85230.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 43802.00
  • Rent Control: Yes
  • Total Expenses: 43802.00
  • Vacancy Allowance: 3991

Tax Info

  • New Taxes Expense: 30000.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2022
Sold by
Juliar Burnell Gene
Bought by
Burnell G Juliar Trust
Current Estimated Value
$1,953,667

Purchase Details

Listed on
Jan 11, 2018
Closed on
Sep 5, 2018
Sold by
Roi Facilitators Llc
Bought by
Juliar Burnell Gene
Seller's Agent
Warren Berzack
Warren Lee Berzack
List Price
$2,200,000
Sold Price
$2,100,000
Premium/Discount to List
-$100,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$2,500,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 10, 2014
Sold by
Jones Arthur Enfield and Brogan Joseph T
Bought by
Roi Facilitators Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2013
Sold by
Brogan Joseph T and Jones Arthur Enfield
Bought by
Jones Arthur Enfield and Brogan Joseph T

Purchase Details

Closed on
Dec 5, 1996
Sold by
Gilpin Jeanne R and Ferraro Ruth L
Bought by
Brogan Joseph T and Jones Arthur Enfield

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,750
Interest Rate
4.25%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burnell G Juliar Trust -- --
Juliar Burnell Gene $5,100,000 Ticor Title
Roi Facilitators Llc $814,008 North American Title
Jones Arthur Enfield -- None Available
Brogan Joseph T $364,545 American Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Juliar Burnell Gene $2,500,000
Previous Owner Roi Facilitators Llc $450,000
Previous Owner Roi Facilitators Llc $2,130,000
Previous Owner Roi Facilitators Llc $785,000
Previous Owner Brogan Joseph T $74,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2018 09/11/18 Sold $2,100,000 -4.5% $806 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $2,200,000 -- $845 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,012 $2,342,584 $1,639,810 $702,774
2024 $28,012 $2,296,652 $1,607,657 $688,995
2023 $27,465 $2,251,621 $1,576,135 $675,486
2022 $26,180 $2,207,473 $1,545,231 $662,242
2021 $25,866 $2,164,190 $1,514,933 $649,257
2019 $25,088 $2,100,000 $1,470,000 $630,000
2018 $10,893 $880,859 $527,910 $352,949
2016 $10,406 $846,656 $507,411 $339,245
2015 $10,255 $833,940 $499,790 $334,150
2014 $2,643 $188,651 $75,724 $112,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18008144

California Regional Multiple Listing Service (CRMLS)

APN: 5431-004-016